Due diligence

Buyer’s Guide: Evaluating Wholesale Deals in Lubbock, TX

Your decision framework

Wholesale buying is about a repeatable process. Decide your exit strategy first (rental vs. flip vs. resale), then run the numbers quickly.

Comps & value (fast)

Use recent comparable sales, adjust for size/condition, and sanity-check against current listings. If the spread isn’t obvious, it’s not a deal.

Repairs (fast)

Have a quick rule-of-thumb, then refine with your contractor on the deals you like. Big-ticket items matter: roof, HVAC, foundation, plumbing, electrical.

Use our field checklist: Inspection Checklist.

Exit strategy reminders

• Rental: focus on cash flow, capex, and tenant demand.
• Flip: focus on ARV, holding costs, and time-to-market.
• Land: verify access, utilities, and title/surveys.

Speed tips

Have funding ready. Have earnest money ready. Know your ‘walk-away’ rule. Wholesale is a speed game — but only for buyers with discipline.